Bangladesh won $666 million foreign direct investment (FDI) in 2007, a 16 percent drop from $793 million a year ago, although the global FDI marked a 30 percent rise in the same period, according to a global investment report released yesterday.
The United Nations Conference on Trade and Development (Unctad) has prepared the World Investment Report 2008 titled “Transitional corporations and infrastructure challenge”.
The report shows that Bangladesh slipped its position to 121st this year in terms of inward FDI performance index from 120th last year.
The Board of Investment (BoI) launched the report at a press conference at its office in Dhaka. Professor M Ismail Hossain of Economics Department at Jahangirnagar University made a presentation on the report.
Government officials, an economist and a trade expert identified political uncertainty, indecision over some big proposals and infrastructure constraints as major reasons for the FDI fall.
Categories: Bangla, Bangladesh, Bangladesh News, Bangladesh Politics, Daily Bangladesh News, Economy
